Brussels, 19/03/2007 (Agence Europe) - Following the go-ahead from the European Parliament and EU member states, the European Commission adopted new measures on Monday 19 March in the form of an implementing directive for Directive 85/611 EEC on undertakings for collective investment in transferable securities (UCITS). The implementing directive does not introduce any new duties for the competent authorities or market players but issues criteria for determining whether financial instruments...